Insider Buying: American Homes 4 Rent (NYSE:AMH) Director Acquires $58,600.00 in Stock

American Homes 4 Rent (NYSE:AMH) Director David Goldberg acquired 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average price of $29.30 per share, with a total value of $58,600.00. Following the completion of the acquisition, the director owned 36,723 shares of the company’s stock, valued at $1,075,983.90. This represents a 5.76% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

David Goldberg also recently made the following trade(s):

• On Tuesday, February 24th, David Goldberg bought 2,000 shares of American Homes 4 Rent stock. The stock was purchased at an average cost of $29.17 per share, for a total transaction of $58,340.00.

American Homes 4 Rent Trading Down 2.3%

NYSE AMH opened at $28.86 on Thursday. American Homes 4 Rent has a 52 week low of $28.58 and a 52 week high of $39.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. The stock’s 50 day moving average price is $30.98 and its two-hundred day moving average price is $32.06. The stock has a market capitalization of $10.50 billion, a price-to-earnings ratio of 24.45, a PEG ratio of 4.22 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.14). The business had revenue of $402.93 million for the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.American Homes 4 Rent’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.33 per share. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.32 annualized dividend and a yield of 4.6%. American Homes 4 Rent’s payout ratio is presently 101.69%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AMH. BMO Capital Markets restated a “market perform” rating and issued a $37.00 price objective on shares of American Homes 4 Rent in a report on Friday, January 9th. Scotiabank dropped their target price on American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 4th. Barclays reduced their price target on American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating for the company in a research report on Friday, March 6th. Citigroup lowered their price target on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Finally, Raymond James Financial reiterated a “market perform” rating on shares of American Homes 4 Rent in a research note on Friday, February 27th. Seven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $35.72.

Hedge Funds Weigh In On American Homes 4 Rent

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB raised its stake in American Homes 4 Rent by 10,728.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 751 shares during the period. IFP Advisors Inc lifted its holdings in American Homes 4 Rent by 122.2% during the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 441 shares during the last quarter. True Wealth Design LLC boosted its position in American Homes 4 Rent by 230.8% during the fourth quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 577 shares during the period. Parallel Advisors LLC boosted its position in American Homes 4 Rent by 84.8% during the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 442 shares during the period. Finally, Prosperity Bancshares Inc acquired a new position in shares of American Homes 4 Rent in the fourth quarter valued at $35,000. Institutional investors own 91.87% of the company’s stock.

About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.